Announced
Completed
Financials
Tags
Private
Cross Border
shopping centre
Poland
Diversified Retailers
Private Equity
Friendly
Single Bidder
Completed
Acquisition
Majority
Synopsis
NEPI Rockcastle, an owner and operator of shopping centers in Central & Eastern Europe, completed the acquisition of Forum Gdansk Shopping Centre from Blackstone, a private equity firm, for €250m. “Forum Gdansk represents a compelling investment opportunity. We strongly believe in retail real estate and its positive outlook, despite concerns over the macroeconomic context and potential slowdown as a result of the rising inflation and interest rates. We are long-term investors and we are confident that fundamentally Central and Eastern Europe is a region that will continue to show further economic growth in the future," Rüdiger Dany, NEPI Rockcastle CEO.
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